July 19, 2021 EDA Meeting Agenda

MEETING of the International Falls Economic Development Authority

Mission Statement:  The International Falls Economic Development Authority shall be a catalyst for economic development resulting in new investment, job creation, diversification of the local economy and expansion of International Falls’ tax base.

International Falls Economic Development Authority (IFEDA)
Monday, July 19, 2021
6:00 P.M. (Immediately following the City Council Meeting),
Council Chambers, Municipal Building, 600 4th St., International Falls, MN


  1. Call to Order
  2. Roll call
  3. Approval of minutes
    1. IFEDA Meeting Minutes of April 19, 2021 (Board action)
    2. IFEDA Meeting Minutes of special meeting May 17, 2021 (Board action)
  4. Audience
  5. Old Business:
  6. Accounts Payable/Financial Reports
    1. Claims – Approve payment to Steven M Shermoen for legal fees related to the Stopgap Loan Program
    2. Approve Financial Reports for Fund 404 for Multi-Modal District and Fund 208 for IFEDA
      1. June 2021 Unaudited Financials
  7. Reports
  8. Director’s/Secretary’s Report
    1. Prepare and review of 2022 Budget
  9. Other business
  10. Next meeting: Monday, October 18, 2021
  11. Adjourn meeting

The meeting may include a quorum (three or more) of the members of the IFEDA Advisory Board and the City Council, neither of which will take any official actions. 

The IFEDA may take official actions at this meeting.

The City of International Falls complies with the ADA.  Individuals with disabilities requiring special aids should contact the City Administrator, 600 Fourth Street, International Falls, MN, 56649, 218-283-9484, 48 hours prior to the scheduled meeting. 

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